Author Topic: Meet Cosmos: The Internet Of Blockchains  (Read 4 times)

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Meet Cosmos: The Internet Of Blockchains
« on: March 15, 2019, 05:51:25 PM »
Crypto space is getting a bit more connected, with a new launch intended to bring multiple protocols together.  The non-profit Interchain Foundation has just launched Cosmos Network, a decentralized network of independent yet inter-operable blockchains. The new network aims to be the internet of blockchains, so that distributed ledgers can communicate with one another and synchronize, coordinate and scale operations.

The lead developer for Cosmos is Tendermint Inc, a blockchain consensus project funded by $400 million from Paradigm, Bain Capital, and 1confirmation. The project is expected to facilitate the development of decentralized applications (dApps) by handling the underlying protocols such as networking and consensus.